Explorer

Dalal Street Witnesses Significant Losses As Sensex Declines Over 312 Points, Nifty Tests 26K

During early morning trade, the Sensex started trading below 85,150, climbing close to 100 points, while the Nifty50 opened at nearly 26,100, rising more than 30 points, at 9:15 AM. 

The Indian benchmark indices observed significant losses on Monday as the Sensex declined over 312 points to close at 84,728.92 and the Nifty fell more than 90 points to end trade at 25,951.90. 

In the 30-share BSE Sensex, among the top gaining stocks were stocks such as Tata Steel, Asian Paint, Hindustan Unilever, Eternal and NTPC. Meanwhile, the laggards included stocks like the State Bank of India, Sun Pharmaceuticals, Kotak Bank, Bajaj Finance and TechMahindra.

In the broader markets, Nifty Smallcap 50 declined 0.87 per cent. Sectorally, the Nifty IT index fell 0.75 per cent.

During early morning trade, the Sensex started trading below 85,150, climbing close to 100 points, while the Nifty50 opened at nearly 26,100, rising more than 30 points, at 9:15 AM. 

Previously, on Friday, the Sensex declined 367.25 points, or 0.43 per cent, to close at 85,041.45. The Nifty slipped 99.80 points, or 0.38 per cent, to settle at 26,042.30.

Global Markets 

Asian equities opened mostly higher, with South Korea’s Kospi, China’s Shanghai SSE Composite and Hong Kong’s Hang Seng trading in the green. In contrast, Japan’s Nikkei 225 was quoted lower. Wall Street ended the previous session on a flat note on Friday.

Foreign Investors And Commodities

Foreign Institutional Investors (FIIs) were net sellers, offloading equities worth Rs 317.56 crore on Friday. Meanwhile, Domestic Institutional Investors (DIIs) remained net buyers, purchasing stocks worth Rs 1,772.56 crore, as per exchange data.

Brent crude, the global oil benchmark, rose 1.04 per cent to USD 61.27 per barrel.

Markets Poised For Range-Bound Year-End Trade

With only a few trading sessions left in the year, Indian equity markets are expected to move in a consolidation phase rather than witness sharp directional swings. Market participants noted that persistent foreign fund outflows may continue to fuel volatility, even as overall direction remains unclear.

In the holiday-truncated week that just ended, the Sensex advanced 112.09 points, or 0.13 per cent, while the Nifty added 75.90 points, or 0.29 per cent, indicating cautious optimism amid bouts of profit-taking.

About the author Sagarika Chakraborty

Sagarika Chakraborty is a Senior Copy Editor at ABP Live English, where she handles business coverage and key developments in general news, while also actively chasing breaking stories. With a foundation in advertising, she transitioned into journalism to craft in-depth stories and explainers on the economy, real estate, and personal finance. She also engages in interviews and podcasts, bringing out expert insights.

For any tips and queries, you can reach out to her at sagarikac@abpnetwork.com.

Read
Advertisement

Top Headlines

US Launches High-Risk Bid To Seize Russian-Flagged Oil Tanker Linked To Venezuela: Reports
US Launches High-Risk Bid To Seize Russian-Flagged Oil Tanker Linked To Venezuela: Reports
X Responds To Govt Over Misuse Of AI Tool Grok: Sources
X Responds To Govt Over Misuse Of AI Tool Grok: Sources
Delhi HC Issues Big Directive On Survey Of Encroachments Around Jama Masjid
Delhi HC Issues Big Directive On Survey Of Encroachments Around Jama Masjid
Turkman Gate Case: First Pictures Of Accused Surface; Kasif, Kaif, Arib, Adnan & Sameer Arrested
Turkman Gate Case: First Pictures Of Accused Surface; Kasif, Kaif, Arib, Adnan & Sameer Arrested
Advertisement

Videos

Delhi News: Why Bulldozer Action Was Conducted at Night? DCP Nitin Valson Explains Key Reasons
Delhi News: Cold Wave Intensifies Across North India, Capital Records Coldest Day of the Year
Delhi News: MCD Removes Encroachment Near Faiz-e-Ilahi Mosque After Stone Pelting, Area Secured
Delhi News: Illegal Encroachment Near Faiz-e-Ilahi Mosque Cleared, Mosque Declared Safe Amid Public Fear
Delhi News: FIR Registered Over Objectionable Slogans at JNU, University to Expel Involved Students
Advertisement

Photo Gallery

Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget